Commentary and Tracking of a Portfolio of Stocks using approach from "The Little Book that Beats the Market" by Joel Greenblatt aka Magic Formula Investing

Monday, February 24, 2014

Up 11 of Past 12 Sessions

Streaking

Today was a big up day, helped a ton by GTAT being up $2.03. During that stretch, I am up 10%. That makes me up 5.1% on the year, versus about 70 basis points for Russell 3000. As I mentioned in a previous post, I was quite active today. I bought PM, and added AOD, FGL and KLIC. Then I sold all my SBS.

Speaking of selling products, I have gotten a kick out of this one seeking alpha author. I guess they get paid by page view. So he has essentially the same write-up (boilerplate) that he publishes for every IPO. I no longer read it, having been suckered about 4 times. Here are a couple examples: